On Thursday, Tesla ( NASDAQ:TSLA ) shares reached a new low for more than a year after Deutsche Bank expressed concerns over the company's growing focus on autonomous vehicle products while its profit is under pressure. The electric automaker's shares dropped 2.7% to $151.26 after the brokerage downgraded the stock to "Hold" and decreased its price target to $123...
Stock : Tesla
Share price : 171.70 $
Stock financially : Down, as the stock price overvalue
Trend ( technically ) : down
Recommendation : Sell
Reason : mentioned on the chart
Technical analysis failure at price 192 $ : ( Where the resistance and downtrend line have been breached )
Technical analysis success at price 118 $ : ( Where the bear flag pattern...
$TSLA has had wild swings in valuation from under 2 times sales and over 20 times sales in the past few years. Granted, you have to know the future to know what the sales are, but in 2019 it was insanely cheap just as the Model Y was just starting to sell. The MODEL Y is why Tesla has done so well in my opinion. It has dominated and is still growing insanely fast...
🔴 Resistance - 150 🔴
🚀 Target - 153 - 155 🚀
🟢 Support - 149 🟢
🚀 Target - 147 - 145 🚀
🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫
🔥🔥 Levels Works Best on 5 - 15 Minutes Time Frame 🔥🔥
❤️❤️ MARKET SECRET ❤️❤️👇
1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME
2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND
3. CHART IS SUPREME
4. YOUR ASSUMPTION &...
🔴 Resistance - 156 🔴
🚀 Target - 159 - 161 🚀
🟢 Support - 154 🟢
🚀 Target - 152 - 149 🚀
🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫
🔥🔥 Levels Works Best on 5 - 15 Minutes Time Frame 🔥🔥
❤️❤️ MARKET SECRET ❤️❤️👇
1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME
2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND
3. CHART IS SUPREME
4. YOUR ASSUMPTION &...
Tesla, the electric vehicle (EV) pioneer, has hit a rough patch in 2024. This week, the company's market valuation slipped below $500 billion, marking a significant blow to investors who had placed big bets on Tesla's continued growth.
Several factors seem to be contributing to Tesla's woes. Firstly, concerns are mounting about the company's ability to maintain...
Hi,
The box marks the spot :)
For me, it is the strong area that I've been waiting for and now let the market decide is it a strong enough?!
Good luck,
Vaido
I am looking for potential pivot points near any of the drawings. I marked some examples from the past price action. You can look at this like at a project created by something similar to artificial intelligence. Let's just sit back and wait and see what happens, if any potential signals for pivot points or bounces appear at the shapes. This has been done before...
hello guys...
based on my previous analysis of #tesla:
the main trend in the daily time frame is bearish so far!
I believe the trendline of the pattern will be breakout after retesting the S&D!
meanwhile, the price made a head and shoulders pattern and broke it out! so in a shorter time frame the price will fill the gap to touch the target of the pattern,...
🔴 Resistance - 156 🔴
🚀 Target - 159 - 161 🚀
🟢 Support - 154 🟢
🚀 Target - 152 - 149 🚀
🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫
🔥🔥 Levels Works Best on 5 - 15 Minutes Time Frame 🔥🔥
❤️❤️ MARKET SECRET ❤️❤️👇
1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME
2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND
3. CHART IS SUPREME
4. YOUR ASSUMPTION &...
✅TESLA is going down now
But a strong support level is ahead at 152.50$
Thus I am expecting a rebound
And a move up towards the target at 170.00$
LONG🚀
✅Like and subscribe to never miss a new idea!✅
🔴 Resistance - 167 🔴
🚀 Target - 170 - 171 🚀
🟢 Support - 165 🟢
🚀 Target - 163 - 160 🚀
🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫
🔥🔥 Levels Works Best on 5 - 15 Minutes Time Frame 🔥🔥
❤️❤️ MARKET SECRET ❤️❤️👇
1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME
2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND
3. CHART IS SUPREME
4. YOUR ASSUMPTION &...
Hello Traders and Investors, today I will take a look at Tesla.
--------
Explanation of my video analysis:
In 2020 Tesla stock created a beautiful break and retest of the previous all time high which was followed by significant continuation towards the upside. After this pump Tesla stock entered a long term consolidation phase, forming a bullish flag...
The other one that I post was a weekly one.
Elliot Wave finished. ABC correction finished. Waiting for second abc.
Chart has recently finished E.W. but it can reach a little more toward 338%. Even so, I don't sugest to wait for it since it can go down any moment.
I use fibonacci between peak 1 and peak 4 of E.W. to know fifth wave limit.
It was reported this morning that Tesla (TSLA) "will lay off more than 10% of its global workforce, an internal memo seen by Reuters on Monday shows, as it grapples with falling sales and an intensifying price war for electric vehicles".
The market has so far reacted with strong selling of more than -3% in early trading. But is this really bad news?
Not so long...
In a recent development, Tesla ( NASDAQ:TSLA ), the electric vehicle (EV) giant, has announced plans to lay off more than 10% of its global workforce, marking a significant shift in its operational strategy. This decision comes amidst a series of challenges facing the company, including declining vehicle deliveries and the abandonment of its plans for an...
